what if you want a real estate play, a real one, where you don't need to worry about the bond market competition because it's not a real estate investment trust, doesn't pay a dividend. i'm talking about cbre group, which is symbol cbg. this is the world's leading purveyor of commercial real estate services that also owns some properties of its own. basically cbre helps real estate investors by providing outsourced leasing, sales, appraisal, development, and property management services. the company gets nearly three-quarters of its revenue from these fee-based businesses. it's down 15% year-to-date, but i think that's in part because cbre has substantial exposure to the uk, which made it one of the most readily identifiable brexit victims. we've got to find out more about that. but down here, the stock only trades at 12 1/2 times next year's numbers. so could cbre be the safer, smarter way to play commercial real estate in this environment? today was the company's business outlook day. so let's take a closer look with robert sulentic, the president and ceo of cbre group, to get a better sense of how the company is doing and where it's headed. mr. sulentic, welcome to "mad money." good to see you, bob. have a seat. >> good to be here.